HAIKOU, China, March 15, 2022 /PRNewswire/ -- JX Luxventure
Limited (NASDAQ: LLL) (the "Company"), a service provider
delivering comprehensive solutions to global elite families with
business segments covering menswear, cross-border merchandise,
airfare and tourism, announced today that, on March 10, 2022, Jin Xuan Luxury Tourism
(Hainan) Digital Technology Co.,
Ltd. ("JX Hainan"), a subsidiary of the Company, entered
into and executed a Strategic Cooperation Framework Agreement on
Cross-border Supply Chain of Duty Free Merchandize (the
"Agreement") with Aikayun Technology (Hainan) Co., Ltd. Pursuant to the Agreement,
JX Hainan was granted an exclusive right to distribute cross-border
products from Japan in the Hainan
Island in the amount up to RMB1,000,000,000.
In addition, the Company plans to enter into the Metaverse by
offering Non-fungible Token ("NFT") based projects, which will be
lead by its Chief Technology Officer.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company
commented: "With the China's
border remain closed due to Covid restriction, there is a high
demand for cross-border products from Japan. This exclusive
cooperation allows JX Luxventure to be the exclusive supplier and
distributor to meet such high demand. In addition, I look
forward to our IT team to expand into the NFT related projects and
bring JX Luxventure into the Metaverse."
Mr. Liu Ze, Chief Technology
Officer of the Company commented: "China has set Metaverse as the growing sector
for the next few years. This fits perfectly with my
background as an expert in Blockchain, Internet of Things and
Artificial Intelligence. I look forward to work with our R&D
team to bring JX Luxventure into the Metaverse by delivering NFL
based projects."
About JX Luxventure Limited
Headquartered in Haikou, China,
JX Luxventure Limited is a service provider delivering
comprehensive solutions to global elite families. Its
business segments cover menswear, cross-border merchandise, airfare
and tourism. To learn more about the Company, please visit its
corporate website at en.jxluxventure.com.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of JX Luxventure Limited, and
its subsidiary companies. All statements, other than statements of
historical fact included herein, are "forward-looking statements"
in nature within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements, often
identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Investors should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking
statements.
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SOURCE JX Luxventure Limited